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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 223.95+0.6%9:39 AM EST

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To: Sam Citron who wrote (19454)10/1/1998 2:12:00 PM
From: Bill Harmond  Read Replies (3) of 164684
 
>>The young analysts who cover AMZN have no historical experience or insight with which to fairly value such tulip bulbs in a normal market and do not dare cry "The emperor has no clothes" although they know it in their hearts. They share a common error of projecting early astronomical sales growth trends into infinity and letting disappointed stockholders pay for their education.

Not true, Sam.
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